The tentative cost-cutting agreement between United Airlines (UAL) and the Air Line Pilots Association (ALPA) is worthy news for American Airlines (AMR) and Continental Airlines (CAL) on the contrary does not favor Delta Air Lines (DAL), according to Jamie Baker of JP Morgan. Pilot contracts at American and Continental are commonly amendable.
Based on propos pilot wage evens at United, hourly rates will fall slightly below those popularly in ...